Dollar Slightly Lower Againt Yen As Nikkei Pares Gains

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Hiroyuki Kachi The dollar was slightly lower against the yen in otherwise directionless Asia trade Wednesday, with the Nikkei Stock Average losing some of its earlier gains. As of 0450 GMT, the dollar was at Y106.92 from Y107.00 late ...

Jobless Rate Below 5% in 15 States

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Eric Morath The unemployment rate stood below the 5% line in 15 states last month, the latest sign of a healthier labor market across a broad swath of the country. The tally, which matched the largest number of states ...

British Columbia Proposes Tax Break to Induce Natural Gas Development

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Chester Dawson The Canadian province of British Columbia on Tuesday introduced legislation to lighten the tax burden for natural-gas export terminals, a move aimed at spurring development of multibillion-dollar liquefied natural gas plants on the country's Pacific coast. The ...

BOE Officials Gloomier on Economy

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

LONDON--Bank of England officials grew gloomier about the U.K.'s economic prospects in October, citing increasing headwinds from overseas and a slowdown at home, according to minutes of this month's policy meeting published Wednesday. The minutes are the latest signal that ...

EU Won't Change Fiscal Rules -- Juncker

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Laurence Norman The incoming European Commission will make no changes to the bloc's fiscal rules, incoming President Jean-Claude Juncker said in a keynote speech Wednesday as he sought parliament's backing for his proposed executive team. Speaking at the European ...

Fitbug Shares Leap on UK, US Sales Agreements

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Ian Walker LONDON--Shares of Fitbug Holdings PLC (FITB.LN) more than doubled in early trade Wednesday after announcing its largest retail sales agreements worldwide to date. The AIM-listed provider of online personal health and well-being services said U.S. retail chain ...

U.S. Consumer Prices Up 0.1%

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

WASHINGTON--Consumer prices rose slightly in September, the latest sign of modest U.S. inflation pressures amid concerns of a global slowdown. The consumer-price index, which measures how much Americans pay for everything from cars to doctor's visits, rose a seasonally adjusted ...

EUROPE MARKETS: European Stocks Erase Losses; Climb For Second Day

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- European stock markets moved higher in a choppy session on Wednesday, with hopes of more stimulus from the European Central Bank outweighing jitters over the results of the ECB stress tests. The advances ...

Canada August Retail Sales Decline 0.3%

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Paul Vieira OTTAWA--Canadian retail sales declined for a second straight month in August, as lower pump prices meant receipts from gasoline stations fell to their lowest level since late last year, Statistics Canada said Wednesday. Motor vehicle sales also ...

Norfolk Southern CEO: Rail Mergers 'Don't Make Sense' At This Time

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Betsy Morris Norfolk Southern Corp. CEO Wick Moorman told analysts Wednesday he thought a major railroad merger would be "highly problematic" at this time. In response to questions during his third quarter analysts call, he said big rail mergers ...

Bank of Canada Stands Pat on Rates - Update

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Nirmala Menon Canada's central bank left its key interest rate at 1% Wednesday and dropped references to being neutral on the direction of future rate moves. The move came as it flagged greater concern about the risks that elevated ...

Bank of Canada Stands Pat on Rates - 2nd Update

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Nirmala Menon Canada's central bank left its key interest rate at 1% Wednesday, dropping references to being neutral on the direction of future rate moves and flagging greater concern about the risks that elevated house prices and Canadians' debt ...

Correction to Russia's Economy Stops Growing Article

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

Russia's economy minister, Alexei Ulyukayev, said in the first nine months of 2014 the economy grew by 0.7%, Interfax news agency reported. "Russia's Economy Stops Growing," at 0853 GMT, misstated the rate in the third paragraph. (END) Dow Jones Newswires ...

Australian Inflation Eases in 3rd Quarter

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

SYDNEY--Australian consumer-price inflation eased in the third quarter after the conservative government removed a tax on carbon emissions, and wage growth remained weak against the backdrop of a sluggish economy. Consumer prices rose 0.5% in the third quarter from the ...

South Africa to Cut Spending as Growth Slumps

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Matina Stevis PRETORIA--South Africa's economy will grow much more slowly than previously expected, the country's finance minister said Wednesday, as he lay out targets to increase tax revenue and contain spending for the next two years. South Africa's economy ...

Russia's Economy Stops Growing in September on Sanctions, Uncertainty

TODAY: Oct. 22, 2014 PUB DATE: Oct. 22, 2014

By Andrey Ostroukh MOSCOW--Russia's economy, hit by Western sanctions, stopped growing in September, data from the economy ministry showed Wednesday. Russia this year is on track to post its lowest growth since 2009. Russia's standoff with the West over the ...